My son and daughter, both in their 20s, are part of a growing group of people who have "cut the cord" and no longer watch video via broadcast, cable or satellite TV. The apartments they live in are among the more than five million U.S. homes that, according to a recent Nielsen study, have "zero TV."
Last week, Netflix launched the entire season of House of Cards. Some admirers of the strategy breathlessly insist it marks the end of traditional cable networks. While that viewpoint is fanciful, this kind of experimentation simply shows a healthy marketplace that is always looking for the next big thing.
"OK, if you're so sure there's better stuff on the web than on cable, why don't we cut the cord and find out?" My wife dared me. We called Time Warner and said boldly -- "Please cancel our cable -- today." Let's break down the actual cost of 'cutting the cable' -- and then I'll tell you if I think it was worth it.